If you could pay down the mortgage with the cash and recast, and simultaneously put a line of credit on the new equity, that could be more beneficial as it would still preserve liquidity while reducing the overall interest load.

Even in a syndication I don't care how many doors they have - I want to see their track record of preserving principle, returning reasonable returns, and managing their portfolio effectively and efficiently regardless of size.

Adding it to land on a permanent foundation does preserve the value however.  

The deals are very conservative and are mostly wealth preservation with modest cashflow (3-4%), but they've performed for me even while many syndications originated at the same time have been failing. 

Do you have a repairment can get to the property ASAP to preserve a stay? 

Financial Goals: If keeping the farm in the family holds significant emotional value, this can justify the purchase despite the initial lack of cash flow.Investment Strategy:If immediate cash flow and rapid portfolio growth are your primary goals, BRRRR properties may be the better option.If you can leverage the farm’s equity effectively, it could still serve your investment goals while preserving the family legacy.Ultimately, the decision hinges on balancing emotional value and financial strategy.

I will use max leverage if possible, regardless of interest rates, to preserve my capital.

we use property preservation companies and they charge anywhere from $20-$50/photo depending on quantity and location.also provide you with a report on the property as well. 

It may not work in all cases, but I guarantee if they have a credit score worth preserving it will work more often than if their credit score is already poor.I would lower rent before I would lower my tenant qualifications.Good luck

A lot of banks have language in their business loan agreements that a default on any business obligation can allow them to accelerate their own loan in the interest of preserving collateral.